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Partial Fiscalization: Some Lessons on Europe’s Unfinished Business

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NBER2017-03-01 更新2025-01-04 收录
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The recent Eurozone crisis of 2010-2013 has brought to the fore the argument that a successful monetary union needs to be combined with a fiscal union. The history of the U.S. monetary/fiscal union is often given as a template for Europe. In this paper we describe how the push towards creation of

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2017-03-01
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